logo
Home
Search for Properties
School and Community Data
Find Real Living Agents and Offices
Real Estate Advice
Join Real Living - Careers and Franchise Opportunities
About Real Living Real Estate
fill
fill
Real Living Pacific Realty
(800)660-9140

615 Cerritos Avenue, LONG BEACH CA, 90802

(Pending)
$1,299,999
|
6,144 sqft
|
MLS# OC14091934
Skip Slideshow
Listing Provided Courtesy Of: Andrei Soumzine, Broker
Last Updated: 10/21/2014 9:51 AM
Description for 615 Cerritos Avenue LONG BEACH, CA 90802
Great Alamitos Beach location across the street from Franklin Classical Middle School. Large all 2 bedroom/1bathroom open floor plan units with ample storage in spacious hallway. Dining area off kitchen. All 8 units offer definite upside on rents under new management.Low vacancy rate w/current owner. No deferred maintenance. No rent control in Long Beach.No CO2 detector required - all electric building, separately metered for electricity, paid by tenants.2 2-car garages are currently not rented, as owner occupied. Garages are at the premium in this prime rental location in Long Beach just 6 blocks from the Beach. They can significantly increase return on the investment once rented. Large Laundry room with Laundry hook-ups, used currently as owner's storage, offer additional income.Another large storage room at the back of the building is available for storage for on-site manager.
Price
$1,299,999
ALAMITOS BEACH (AB)
Los Angeles
6,144 (approx)
OC14091934
Pending
Description
Great Alamitos Beach location across the street from Franklin Classical Middle School. Large all 2 bedroom/1bathroom open floor plan units with ample storage in spacious hallway. Dining area off kitchen. All 8 units offer definite upside on rents under new management.Low vacancy rate w/current owner. No deferred maintenance. No rent control in Long Beach.No CO2 detector required - all electric building, separately metered for electricity, paid by tenants.2 2-car garages are currently not rented, as owner occupied. Garages are at the premium in this prime rental location in Long Beach just 6 blocks from the Beach. They can significantly increase return on the investment once rented. Large Laundry room with Laundry hook-ups, used currently as owner's storage, offer additional income.Another large storage room at the back of the building is available for storage for on-site manager.
Listing Information
Property Type: Multi-Family
6,359 Sq. Ft. Public Records 6,144 (approx)
$211.59 1963
ALAMITOS BEACH (AB)
Water District, Public
In Street, In Street, In Street
8 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces
None
No Pool
Curbs-Walks
Financial Considerations
7266006024
$9,938
2013
Submit, Cash, Cash To Existing Loan, Cash To New Loan, Conventional
Income ,$12,602
110700.0000
Semi Annually
Listing Price History

LONG BEACH Real Estate

LONG BEACH is located in California. LONG BEACH, California 90802 has a population of  463,589.

The median household income in LONG BEACH, California 90802 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in LONG BEACH 90802 is 33.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Andrei Soumzine, Broker Andrei Soumzine
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
505441 - Real Living Pacific Realty
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby